United Airlines' reorganization plan near approval

United Airlines' reorganization plan could be approved by the bankruptcy court today, putting the carrier on course to meet its timetable to complete Chapter 11 restructuring in early February.
On Wednesday, US Bankruptcy Court Judge Eugene Wedoff declined union requests to challenge the Equity Incentive Plan that will set aside 8% of United's stock for 400 managers. The company previously proposed rewarding the executives with 15% of its stock, but this was criticized by the unsecured ...

The US majors will not give up on their campaign against the Gulf carriers, which present the biggest-ever threat to the future of US airlines, the CEO of United Airlines said in a speech in New York Thursday....More

Air Line Pilots Association (ALPA) president Tim Canoll said the wider public has to be educated about the threat laser pointers pose to aircraft and help law enforcement catch people shining lasers into cockpits....More

US airlines, particularly regional carriers, have expressed hope that strict pilot training requirements implemented by FAA in 2013 will be eased in FAA reauthorization legislation expected to be taken up by Congress later this year, but there will likely be a strong push back against any efforts to change the rules....More